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Repay Holdings (Thunder Bridge Acquisition) Priced, Nasdaq: RPAY

Blank check company formed to acquire a FinTech business (completed 7/11/2019).

Industry: SPAC

Latest Trade: $23.50 0.00 (0.0%)

First Day Return: +0.5%

Return from IPO: +135.0%

Industry: SPAC

We currently intend to concentrate our efforts in identifying businesses in the financial services industry, including asset and wealth management, lending and leasing, and businesses providing financial technological services to, or operating in, the financial services industry. We will place a particular emphasis on businesses that provide data processing, storage and transmission services, data bases and payment processing services, fraud detection, data analysis or verification, client or customer interface, or have adopted operations in the financial services industry that are more technologically driven than the operational platforms of the legacy operators (collectively “FinTech”). We are not, however, required to complete our initial business combination with a financial services or financial technology business and, as a result, we may pursue a business combination outside of that industry. We will seek to acquire established businesses that we believe are fundamentally sound but potentially in need of financial, operational, strategic or managerial enhancement or redirection to maximize value. We do not intend to acquire start-up or other early-stage companies, companies with speculative business plans or companies that are excessively leveraged.
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IPO News for Repay Holdings (Thunder Bridge Acquisition)
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IPO Data
IPO File Date 05/01/2018
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/18/2018
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Great Falls, VA
Founded 2017
Employees 5